MING JENNY J 4
4 · LEVI STRAUSS & CO · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Levi Strauss Director Jenny J. Ming Receives Stock Award
What Happened Jenny J. Ming, a director of Levi Strauss & Co. (LEVI), was granted awards on Feb 25, 2026 totaling 176 dividend-equivalent rights (DERs): 75 DERs tied to Class A common stock and 101 DERs tied to Class B common stock. Each grant was recorded at $0.00 per unit (no cash price); reported filing date is Feb 27, 2026. These awards are grants (not purchases or sales) and represent contingent rights to receive shares upon settlement.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-27.
- Grants: 75 DERs (Class A) @ $0.00; 101 DERs (Class B, derivative) @ $0.00 — total 176 DERs; reported value $0.
- Vesting/settlement notes:
- The 75 DERs (F1) vest 100% on the earlier of the day before the next annual meeting or the first anniversary of grant and convert to one Class A share upon settlement.
- The 101 DERs (F3) are fully vested, represent rights to receive one Class B share upon settlement, and the underlying Class B shares are subject to a deferral delivery feature.
- Each Class B share is convertible into one Class A share at the holder’s option and has no expiration (F2).
- Shares owned after the transaction are not specified in the provided filing excerpt.
- Filing appears timely (transaction 2/25/2026; Form 4 filed 2/27/2026); no late-filing flag noted in the provided data.
Context These entries are awards of dividend-equivalent rights (DERs), not open-market purchases or sales. DERs are contingent claims that convert to actual shares upon settlement and may have vesting or delivery deferral conditions; such awards are common compensation for directors and do not by themselves indicate a purchase-based bullish signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-25+75→ 64,602 total - Award
Class B Common Stock
[F2][F3]2026-02-25+101→ 59,990 totalExercise: $0.00→ Class A Common Stock (101 underlying)
Footnotes (3)
- [F1]Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. The DERs shall vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant of the underlying award.
- [F2]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
- [F3]Represents DERs, each of which represents a contingent right to receive one share of the issuer's Class B Common Stock upon settlement. The DERs are fully vested. The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.